Question
‘P’ and ‘Q’ invested Rs. 900 and Rs. 750
respectively in a business. After 6 months, ‘P’ increased his investment by Rs. 150 while ‘Q’ decreased his investment by Rs. 100. If at the end of 12 months, the total profit is Rs. 62400, then what will be the difference between their shares of profit?Solution
ATQ,
Ratio of profit share of ‘P’ to ‘Q’ = [900 × 6 + (900 + 150) × 6] : [750 × 6 + (750 – 100) × 6]
= (5400 + 6300) : (4500 + 3900)
= 11700 : 8400
= 39 : 28
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